Confirmation
April 01, 2007 12:36pm CST
You have successfully filed a Tennessee Sales and Use Tax Return and authorized a payment to the Tennessee Department of Revenue in the amount of $34426.00. Authorized Representative: Joe Sample, Bank Name: Your Bank, Name on Account: Joe Sample, Type of Account: Checking, Bank Routing Number: •••••2341, Bank Account Number: ••••••••••••1234, Settlement Date: 04/20/2007. Please be aware that information you have submitted will be verified. If discrepancies are found, you will be notified by the Tennessee Department of Revenue. DO NOT mail a paper return in addition to this online filing and DO NOT send a duplicate payment if you have authorized a payment online.
Your confirmation number is: 123456789
- Location Name
- Sample Company Inc.
- Location Address
- 1111 Main St.
- Sales Tax Account ID
- 123456789
- Filing Period
- 03/01/2007 to 03/31/2007
- Amended Return
- No
- Filing Option
- Filing with Payment
1833985.00
1. Gross Sales - Including Food Sales and/or Rental Proceeds
0.00
2. Add Cost of Personal Property purchased on a Resale Certificate, but used by you, including Gifts and Premiums.
0.00
3. Add Cost of Out of State Purchases and Property imported into Tennessee for your use.
0.00
4. Fair market value of Tangible Personal Property fabricated, produced, compounded, or severed from the earth for use in the State of Tennessee.
1833985.00
5. Total - Add Lines 1, 2, 3 and 4.
1461808.00
6. Exempt Transactions - Total from Schedule A, Line K.
372177.00
7. Net Taxable Total - State - Line 6 subtracted from Line 5.
26052.00
8. State Tax - Line 7 multiplied by 7.00%.
0.00
9. State Food Tax - Schedule A, Line A multiplied by 5.5%.
8374.00
10. Local Tax - Schedule B Line 8, or Line 7 multiplied by local tax rate.
0.00
11. Enter any tax collected in excess of State and Local Levies.
0.00
12. State Tax on transactions subject to State Single Article and Reduced Rates. Total from Schedule C Line 7.
0.00
13. Local Tax on transactions subject to the reduced rate of tax. Total tax entered from Schedule C, Line 9.
34426.00
14. Total Tax - Add Lines 8, 9, 10, 11, 12, and 13.
0.00
15. Enter credit memo balance.
0.00
16. Penalty: If filed late, compute penalty at 5% of the tax (Line 14 minus Line 15) for each 1 to 30 day period for which TAX IS DELINQUENT. (Total penalty not to exceed 25%.) Minimum penalty is $15 regardless of the amount of tax due or whether there is any tax due.
0.00
17. Interest: If filed late, compute interest at 12.25% per year on the tax (Line 14 minus Line 15) from the due date to the date of payment.
34426.00
18. Total Due If filed timely, subtract Line 15 from Line 14. If filed late, subtract Line 15 from Line 14 and add Lines 16 and 17.
Schedule A - Exempt Transactions
0.00
A. Food Net Taxable (add to schedule B, Line 2).
332845.00
B. Sales made to vendors or other establishments for resale, and sales of items to be used in processing articles for sale. (Certificates of Resale must be retained by the Dealer.)
0.00
C. Sales of items specifically exempt by State Law, and other items not deducted elsewhere on Schedule A, including trade-ins and cash discounts.
194606.00
D. Sales to the Federal Government, the State of Tennessee and its political Subdivisions, and sales to qualified institutions such as Churches, Non-profit Schools, Hospitals, Homes for the Aged, and Orphanages.
0.00
E. Returned Merchandise. Items voluntarily returned by the purchaser included as sales on this or a previous return. Show on Schedule B, Line 2, any amount claimed on Schedule B, Line 4, of prior returns.
0.00
F. Sales of Specifically exempt "Industrial and Farm Machinery."
934357.00
G. Sales in Interstate Commerce where the purchaser takes possession outside of Tennessee for use or consumption outside of Tennessee; and sales of motor vehicles and trailers delivered out-of-state by dealers and sales of motor vehicles and boats removed by non-resident customers within three (3) days.
0.00
H. Repossessions - Enter that portion of the unpaid principal balances in excess of $500 due on tangible personal property repossessed from customers. Report the same amount on Schedule B, Line 2.
0.00
I. Sales of Energy Fuel. Enter the total of all energy fuel sales not subject to the full state tax rate. IMPORTANT: Also enter amount subject to reduced state tax on Line 5, Schedule C.
0.00
J. Sales Tax Holiday (first Friday through following Sunday in August; also April 27-29, 2007). Line J is for Sales Tax Holiday Only.
1461808.00
K. TOTAL - Add lines A through J above.
Schedule B - Computation of Local Sales and Use Tax. Note: Use this schedule if Local Taxable Sales do not equal State Taxable Sales.
372177.00
1. Net taxable total - State.
0.00
2. Adjustments (total of Schedule A, Line A and any applicable amounts in Lines E and H above.)
372177.00
3. Total of Lines 1 and 2.
0.00
4. Enter all amounts in excess of your single article tax base indicated on SLS 450 Part Two, Line 10 of the return on each single article sold or purchased which has been reported, but not deducted elsewhere.
0.00
5. Energy Fuel Sales - Enter all energy fuel sales taxed at the full state rate. Do not include sales subject to the reduced rate. See Schedule A, Line 1 and Schedule C, Line 5.
0.00
6. Other Adjustments. Keep supporting documentation for your records.
372177.00
7. Net Taxable Total - Lines 4, 5, and 6 subtracted from Line 3.
8374.00
8. Local Sales and Use Tax Total - Line 7 multiplied by local tax rate.
Schedule C - Computation of State Single Article Tax and Reduced Rates on Energy & Water (Applicable Figures From Schedule B Must be Reported).
0.00
1. Taxable Single Article Sales from $1,601 to $3,200.
0.00
2. State Tax - 2.75% of Line 1.
0.00
3. Water - Enter sales/purchases of water subject to industrial tax rate.
0.00
4. State Tax - 1% of Line 3.
0.00
5. Energy Fuels - Enter all sales subject to industrial or farmers tax rate, (Schedule A, Line 1).
0.00
6. State Tax - 1.5% of Line 5.
0.00
7. Total of lines 2, 4 and 6. Local Computation - Complete this section only if transactions are subject to local tax.
0.00
8. Water - Enter amount of water sales or purchases of the amount you entered for Line 3 above, that is subject to local tax.
0.00
9. Local Sales and Use Tax - Line 8 is multiplied by 1/2 of 1%.